Nonprofit · EIN 54-1872246
HOUSING OPTIONS INC
Tax-exempt · HENRICO, VA 23255
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $194,110 | $171,511 | $22,599 | $1,365,308 | $45,297 | $1,320,011 |
| June 30, 2024 | 990 | $183,772 | $147,963 | $35,809 | $1,337,879 | $40,467 | $1,297,412 |
| June 30, 2023 | 990 | $180,246 | $149,220 | $31,026 | $1,303,509 | $41,906 | $1,261,603 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,500
- Program service revenue
- $187,383
- Investment income
- $5,227
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,850
- Depreciation
- $68,182
- Program services (functional)
- $154,929
- Management and general (functional)
- $16,582
Balance sheet and other
- Total assets, start of year
- $1,337,879
- Total assets, end of year
- $1,365,308
- Total liabilities, end of year
- $45,297
- Net assets, end of year
- $1,320,011
- Land, buildings and equipment
- $1,066,228
- Net assets without donor restrictions
- $1,320,011
- Gross receipts
- $194,110
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1997
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frederick G Kraegel | President Trustee or director, Officer | 4 | $0 |
| George Elmore | Secretary Trustee or director, Officer | 4 | $0 |
| Bryan Traylor | Director Trustee or director | 2 | $0 |
| Malcolm Christian | Treasurer Trustee or director, Officer | 4 | $0 |
| William J Viverette ESQ | Director Trustee or director, Officer | 2 | $0 |
| Terry Sherman | Executive Director Officer | 10 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frederick G Kraegel | President Trustee or director, Officer | 2 | $0 |
| George Elmore | Secretary Trustee or director, Officer | 2 | $0 |
| Ronald M Grignol | Director Trustee or director | 2 | $0 |
| Malcolm Christian | Treasurer Trustee or director, Officer | 2 | $0 |
| Thomas Kirkup | Past President (Deceased) Trustee or director, Officer | 0 | $0 |
| Terry Sherman | Executive Director Officer | 10 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tom Kirkup | President Trustee or director, Officer | 2 | $0 |
| George Elmore | Secretary Trustee or director, Officer | 2 | $0 |
| Ronald M Grignol | Board Member Trustee or director | 2 | $0 |
| Malcolm Christian | Board Member Trustee or director | 2 | $0 |
| Frederick G Kraegel | Treasurer Trustee or director, Officer | 2 | $0 |
| Terry Sherman | Executive Director Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 70007, HENRICO, VA 23255-0007
- Principal officer (990 for 2024)
- Frederick G Kraegel, PO Box 70007, Henrico, VA 23255
- Signed the 990
- Frederick G Kraegel, President
- Phone
- (804) 305-7957
- Return prepared by
- Pilc & Moseley LLC
Mission
We provide housing for individuals with intellectual disabilities.
Program accomplishments
- The Organization maintained seven group homes during the fiscal year, providing housing for 28 individuals with intellectual disabilities eligible for the services of Henrico Area Mental Health and Developmental Services.Expenses $154,929 · revenue $187,383
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1872246
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $1,365,308
- Income (IRS master file)
- $194,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $194,110 | $171,511 | $1,365,308 | IRS |
| 990 | June 2024 | $183,772 | $147,963 | $1,337,879 | IRS |
| 990 | June 2023 | $180,246 | $149,220 | $1,303,509 | XML |
| 990 | June 2022 | $173,515 | $136,485 | $1,292,339 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1872246).
Questions about HOUSING OPTIONS INC
- What is the EIN of HOUSING OPTIONS INC?
- The employer identification number (EIN) of HOUSING OPTIONS INC is 54-1872246.
- Is HOUSING OPTIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to HOUSING OPTIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING OPTIONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOUSING OPTIONS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOUSING OPTIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOUSING OPTIONS INC?
- The 990 for the year ended June 30, 2025 names Frederick G Kraegel.
- Who are the officers and directors of HOUSING OPTIONS INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does HOUSING OPTIONS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $194,110, expenses of $171,511 and total assets of $1,365,308 at year end.
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